227 Engineers PASS, Jarrell TX 76537

My analysis of 7 comparable properties puts this home's estimated value at $225,506. Based on how the local market is moving, a list price between $246,000 and $249,000 would position this home well. Buyers shopping in SONTERRA WEST right now would see this as a well positioned option among 6 comparable homes. The smaller lot (0.00 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 6 comparable homes in SONTERRA WEST; a buyer's market based on recent absorption. The 6 month price trend in SONTERRA WEST: fallen 2.7%. The best comp here is 416 Cobblestone DR, Jarrell TX 76537 at an adjusted value of $220,437, a strong comparable. With 7 comparable sales in SONTERRA WEST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group